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EQM Technologies has hired an agent to explore financing options
Company must raise at least $10 million in proceeds to complete merger
By Devika Patel
Knoxville, Tenn., March 31 - EQM Technologies & Energy, Inc. said it has engaged Roth Capital Partners, LLC as agent to explore financing opportunities.
The company also said it plans a merger with Sullivan International Group, Inc. The merger is conditional upon EQM raising at least $10 million in net proceeds through a private placement or public offering of its common stock.
Cincinnati-based EQM is a holding company.
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